Sunday, May 15, 2016

Voit Real Estate Services Directs Major Industrial Lease for Home Furnishing Company in Ontario, CA

Prologis Mission Distribution Center, Ontario, CA

 Ontario, CA – Voit Real Estate Services has successfully completed the $27 million lease of the Prologis Mission Distribution Center, a 741,458 square-foot, Class A industrial distribution center situated on 31 acres in Ontario, California on behalf of Noble House Home Furnishings, a national manufacturer of residential furniture.

Peter Castleton, a Senior Vice President in Voit’s Anaheim office, represented Noble House as the lessee in the transaction.  

The property, which is owned and operated by Prologis, will serve as the new West Coast Regional Distribution Center for Noble House.

“The sheer volume of this transaction, combined with the cost-effective terms of the lease, truly speaks to our expertise in tenant representation and our ability to secure high quality facilities in tight markets on behalf of our clients,” explains Castleton.

“By fostering our long-standing relationship with Prologis, we were able to secure a lease that lowered Noble House’s occupancy costs by 38 percent while still maintaining its close proximity to the Ports of Los Angeles and Long Beach.”

The lessee, Noble House Home Furnishings, is a family-owned manufacturer and distributor of home furniture, specializing in a wide variety of decor, seating, and outdoor furniture.

For a complete copy of the company’s news release, please contact:

 Katie Kea / Jenn Quader
  Brower, Miller & Cole
  (949) 955-7940

No comments: